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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 843,336 $ 893,219
Marketable securities 2,184,330 1,979,649
Accounts receivable, net of rebates and allowances of $4,738 and $4,497, respectively 380,466 389,540
Inventories 483,168 479,668
Prepaid expenses and other current assets 111,595 94,922
Total current assets 4,002,895 3,836,998
Property and equipment, net 32,462 32,231
Acquisition-related intangible assets, net 115,359 122,790
Goodwill 188,277 189,696
Investments 10,314 8,314
Operating lease right-of-use assets 72,956 77,288
Deferred tax assets 438,277 441,531
Other assets 33,190 30,071
TOTAL ASSETS 4,893,730 4,738,919
CURRENT LIABILITIES:    
Accounts payable 136,885 134,235
Accrued liabilities 122,466 143,357
Deferred revenue 457,799 396,259
Other current liabilities 69,382 94,392
Total current liabilities 786,532 768,243
Income taxes payable 55,314 53,053
Operating lease liabilities, non-current 67,770 72,397
Deferred revenue, non-current 262,232 254,568
Deferred tax liabilities, non-current 225,924 227,936
Other long-term liabilities 44,620 42,431
TOTAL LIABILITIES 1,442,392 1,418,628
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2021 and December 31, 2020 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2021 and December 31, 2020; 76,257 and 76,174 shares issued and outstanding as of March 31, 2021 and December 31, 2020 8 8
Additional paid-in capital 1,345,569 1,292,431
Retained earnings 2,106,625 2,027,614
Accumulated other comprehensive income (loss) (864) 238
TOTAL STOCKHOLDERS’ EQUITY 3,451,338 3,320,291
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,893,730 $ 4,738,919